Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
S&P China A 50 Index (CNY) (CME:SPC50)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPC50
The long term trend has been UP since Feb 11th, 2019 at 3005.50
The intermediate term trend has been DOWN since Aug 1st, 2019 at 3461.87
The short term trend has been UP since Aug 16th, 2019 at 3447.17
Smart Scan Analysis for SPC50
Based on a pre-defined weighted trend formula for chart analysis, SPC50 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3873.27||52wk High Date||2018-01-24|
|52wk Low||2781.22||52wk Low Date||2018-10-19|